About Ernest Garcia III
Born 1985. Ernest Garcia III is an American businessperson.
Career Garcia began his career as an associate in the Principal Transactions Group at RBS Greenwich Capital. He joined DriveTime in 2007, before co-founding (with Ryan Keeton and Ben Huston) its subsidiary Carvana in 2012, with Garcia as president and CEO since its inception. Carvana was eventually spun out from DriveTime and given an IPO in 2017.
In 2016, Garcia was named Ernst & Young Entrepreneur Of The Year in the Mountain Desert region for the consumer technology category Garcia, along with Carvana's co-founders, were included in Fortune's 40 Under 40 list in 2017.
According to the Bloomberg Billionaires Index, Garcia's wealth dropped 98% in 2022, as Carvana's stock price continued to fall amid bankruptcy concerns.
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Important facts
Family & relationships
Contemporaries
People whose lives overlapped Ernest Garcia III's
Frequently asked questions
Who is Ernest Garcia III?
billionaire CEO of Carvana
When was Ernest Garcia III born?
Ernest Garcia III was born in 1985.
What is Ernest Garcia III's occupation?
Ernest Garcia III is a businessperson.
What nationality is Ernest Garcia III?
Ernest Garcia III is American.
Sources & further reading
· Wikipedia: Ernest Garcia III
Cite this page
APA: Biography.guide. (2026). Ernest Garcia III. https://biography.guide/ernest-garcia-iii/
MLA: "Ernest Garcia III." Biography.guide, https://biography.guide/ernest-garcia-iii/.
Chicago: "Ernest Garcia III." Biography.guide. https://biography.guide/ernest-garcia-iii/.
Data last updated: 2026-09-22 · Spot an error? Report a correction.
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